Access Accounting announces record financial results
Press Release - Thursday, September 06, 2007
Leading business and accounting software vendor Access Accounting has announced record financial results for 2006/07 with a 15 per cent increase in turnover to £9.1m, and a rise of 78 per cent in profit before tax to £1.7m.
John Beech, managing director for Access Accounting, commented, “The financial success we’ve enjoyed this year has been tremendous, well above budget. This has been achieved while further increasing our investment in research and development by 10 per cent, part of a total increase of 93 per cent in the last four years.
“I believe this success is not only down to the quality of our software and business model, but also our team at Access who develop and support the solutions at all levels. Our staff are the very heart of the business, it’s their commitment and dedication that has enabled us to achieve the financial results we see today – businesses are looking for partners they can trust, not just software.”
Earlier this year, Access Accounting was voted Financial Software Provider of the Year by its customers in a leading industry award. The company was also the first to market with a Reverse Charge VAT module ready for the introduction of legislation in June and launched a Construction Industry Scheme (CIS) solution, prior to regulations coming into force in April.
The vendor’s flagship solution Access Dimensions continues to attract a broad customer base including The Royal Philharmonic Orchestra, The Prostate Cancer Charity, Southampton Solent University, Sacla, Strutt & Parker, and Bridgestone Motorsport.
For more information on Access Accounting and its range of software solutions, please contact 0845 3453300 or visit www.access-accounts.com
Access.060907.HC.YEResults
Notes to Editors:
Access Accounting is the UK’s leading business software house serving the mid-market. Its solutions have been chosen by over 13,000 UK companies - helping them to achieve business success.
A subsidiary of Access Technology Group Ltd, Access Accounting was the first UK vendor to recognise the potential of Windows and create a mid-range accounting platform based on this technology. Today it offers four scalable, web-enabled systems including its flagship solution, Access Dimensions. The company also offers Access Payroll, a combined payroll/personnel suite, which is fully compliant with the latest CIS regulations.
Access Accounting is a Microsoft Gold Certified Partner and a member of the Business Application Software Developers Association (BASDA). It has also received accreditation from major authorities including the Institute of Chartered Accountants in England and Wales (ICAEW) and the HM Revenue & Customs’ rigorous Payroll Standards Scheme. In 2007, the company won ’Financial Software Provider of the Year’ in the Real FD/CBI FDs’ Excellence Awards and ’Mid-range accounting Software Provider of the Year’ in the Sift Media Business Software Satisfaction Awards – both voted for by customers.
Media information:
Helen Carpenter
Head of Group PR
Access Accounting Ltd
T: 01206 322575 / 07833 936311
F: 01206 322956
E: helen.carpenter@access-accounts.com
W: www.access-accounts.com
